78537 — Hidalgo County, Texas Market Snapshot

Housing market data for zip code 78537 in Hidalgo County, Texas. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

35 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$206,700

Closed sales

Days to Sell

84

Median, listing to close

Homes Sold

35

Closed in 2026

Inventory

98

Sale-to-List

97.4%

New Listings

63

Price/SqFt

$150

Pending Sales

38

Conforming Loan Available

Most homebuyers in 78537 can comfortably use conventional financing. The median home price of $206,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 84 days on average, 78537 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 78537 sells for 2.6% below asking price (97.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 78537 can comfortably use conventional financing. The median home price of $206,700 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 78537 are set at the county level.

2026 Loan Limits — Hidalgo County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 78537

To purchase the median home at $206,700 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,734.

Monthly Payment

$1,734

Income Required

$74,300

Principal & Interest

$1,274/mo

Down Payment (5%)

$10,335

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 78537.

%
%

Estimated Monthly Payment

$1,429

Principal & Interest$1,073
Property Tax$207
Insurance$150
Loan Amount$165,360
Total Interest$220,747
Income Required$61,252/yr

Connect with a LoanGraphs Loan Officer

Get expert guidance for zip code 78537. Tell us what you're looking for.

I'm interested in:

No obligation. Free consultation.